Wednesday, August 10, 2016

Apple FCU to Build New 150,000 Square-Foot HQ Building

Apple Federal Credit Union with $2.1 billion in assets has broken ground on a six-story, 150,000 square-foot headquarters building in Fairfax, Virginia.

The headquarters will include an Apple FCU branch, conference and training areas, and a fitness center for employees.

Apple FCU plans to occupy three floors and will seek to lease the remaining office space.

Rental income from leased office space will not be subject to unrelated business income taxes.

The building is expected to be completed in the Fall of 2017. The cost of the project was not disclosed.

Read the article.
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